The new company ACE has developed high energy density LFP and LM:FP battery cell chemistry. (Sergii - stock.adobe.com)
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Advanced Cell Engineering - the new battery cell technology company

Advanced Cell Engineering (ACE) has been formed to develop, market and license next-generation battery cell technology for electric vehicle batteries and grid-level energy storage. The new company is uniquely positioned to accelerate the clean energy future with its advanced LFP and LM:FP battery cell chemistries which offer considerably higher energy density in a safe, cost effective battery cell.

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Statevolt's planned partnership with CTR brings a new, 'hyper-local' sustainable business model for lithium-ion battery development in the U.S. (Павел Печёнкин - stock.adobe.com)
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New company to develop 54GWh Gigafactory in California

Lars Carlstrom, the founder-CEO of Italvolt, has announced the launch of a new company, Statevolt, which will construct a 54GWh Gigafactory in Imperial Valley, southern California with an expected CapEx of $4 billion. To launch the new facility, Statevolt has also signed a Letter of Intent (LOI) with Controlled Thermal Resources (CTR).

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